Requirements to Start a Property Management Company in California

[Justin S.]

Hello SoCal BP folks.  Newbie here introduced by a colleague and fellow BP Pro.  Bobby and I talked quite a bit about our interactions with property managers in San Diego and thought LETS START OUR OWN!!  Neither of us have experience in real estate other than having a property manager manage our properties.  I wanted to see if the folks in California could help us out in navigating the California BRE requirements.  The icky paperwork can be hard to understand.

From our understanding we need the following:

-  Broker

-  Accounts (managed by Broker)

-  Real Estate License???

-  Sellers License??

-  Website cannot say Property Management, Property Manger, etc without said broker. 

Thanks for  your help.

[Christopher Phillips]

@Justin S.

You need a broker's license. In California you need to have at least 2 years of experience as a licensed salesperson to test and obtain a broker's license.